Crypto Platform Review: 3 Good Crypto Sites to Use [2021]

in #crypto4 years ago

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With so many different platforms in the cryptocurrency market to choose from in 2021 it can be difficult to be able to weed out the low quality crypto trading platforms in order to find the ones that provide the best value and the highest likelihood of generating profit with them.

One of the best ways to be able to quickly compare exchanges and brokerages in order to be able to understand which ones have an edge over the rest is with the use of in-depth reviews of different platforms and looking at the features and tools that are present within each one.

This guide is a crypto platform review that breaks down three good crypto sites to use in 2021, starting with a look at why selecting the right crypto platforms are so important this year, and finishing off with a deep dive into each of the three platforms that we have selected.

Selecting the Right Crypto Platform is Important

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Choosing a platform that is right for your investment goals and security is just as important as the gains traders hope to earn as assets and holdings are only as secure as the storage methods used by the site being traded on and with hundreds of exchanges around, choosing the one best for you can be difficult.

Trading platforms come in many shapes and sizes meaning they all have unique products/services and supported coins and trading on one that provides access to the coins and trading tools you need with a proven system for securing customer data and funds is essential to ensuring trades take place securely.

Selecting the right site is important as the type of trader a person is and the investment goals they have dictate which is best for them, as such, it is best to use ones that are well-reputed and platforms that can meet the needs of all users which would be a site that has good security and adv. trading tools too.

Crypto platforms and the ones you choose to join largely influence trading outcomes as some have low fees while some are known for easier buying processes and faster speeds, others are known for having greater selections of trading tools while some are renowned for having the qualities/traits of all three.

Crypto Platform Review: 3 Good Crypto Sites to Use [2021]

PrimeXBT

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PrimeXBT is the fastest growing trading platform in the cryptocurrency market, having launched in early 2018 and in a short period of time growing exponentially to manage up to $7 billion of trade every day and now becoming the world's largest crypto margin trading platform.

PrimeXBT T provides a myriad of advantages in comparison to many other platforms, with some of these being that PrimeXBT provides the lowest fees of just 0.05% on all trades, as well as having a range of bank-grade security measures that have protected its uses and that data.

PrimeXBT has an easy to use interface that allows new users and experienced traders to be able to quickly learn how to navigate the platform and to use it to gain benefits in the cryptocurrency market and to effectively execute trades and investment strategies.

Bitfinex

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Enabling users to exchange cryptos in one of the safest of all trading environments is Bitfinex which has been serving traders and investors from around the world in hundreds of countries for nearly ten years and since launching in 2012 evolved features/products to become one of the most trusted in the space.

This exchange is an advanced trading platform geared to the needs of seasoned-expert investors that need access to professional trading tools and products that let them leverage market conditions of all states for profit and this is what their users enjoy in addition to a clean and easy-to-use interface.

Facilitating graphical trading experience with advanced charting functionalities this exchange has quickly grown to amass one of the largest user bases and trade volumes that amount to nearly fifteen-thousand Bitcoin per day and with many supported investment options, like margin trading, are a favorite to most.

Trading tools and good security aside, Bitfinex is home to one of the highest-liquid order books of any other exchange which means lower spreads and quicker settlements on closed positions, and their GUI, which is fully customizable, combined with over two-hundred coins, makes them a great platform for all.

Uniswap

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Uniswap is the largest decentralized exchange in the world by market cap given the ease at which they let users convert coins into others and with the ability to launch decentralized networks/coins of your own by staking Ethereum is a highly popular platform and exchange among developers and coders too.

Replacing traditional order books for the market-maker model is the exchange that since 2018 has been serving their ever-growing user base that now transacts over a billion dollars per day, this platform is a decentralized finance protocol now used by millions of traders each day to exchange/convert cryptos.

Uniswap is not only the name of the platform but the company behind its development that designed it on the Ethereum blockchain so transactions between cryptocurrencies could be automated, this is done using smart contracts and with three years of solid service is a safe and good crypto site for users to use.

Aside from ease of conversions and simple design this exchange is also used for the improved security they offer over larger centralized exchanges as Uniswap is a non-custodial service that does not store assets in network wallets, unlike some that do that leave assets more susceptible to hacks and theft.

In Conclusion

While there are many options in the cryptocurrency market in 2021, we've selected three of the best crypto trading platforms we would recommend as being the top tier of the market in 2021.

Each of the three platforms has advantages over the rest of the market and provides a range of advanced tools and features that can provide powerful advantages that lead to reduce risk and improve outcomes when trading.

Find out more about the three platforms by checking out PrimeXBT, Bitfinex, and Uniswap.